Brief: Petroshale Q1 Revenue Totaled $49.1 Mln, Up 130% From Q1 2019

Lucero Energy

28/05/2020 01:45

May 27 (Reuters) - PetroShale Inc  PSH.V :
    * PETROSHALE ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR
FIRST
QUARTER 2020 AND PROVIDES FINANCIAL UPDATE
    * QTRLY REVENUE TOTALED $49.1 MILLION IN Q1 OF 2020, WHICH
IS 130%
HIGHER THAN Q1 OF 2019
    * QTRLY LOSS PER SHARE $0.09
    * Q1 2020 PRODUCTION AVERAGED 14,275 BARRELS OF OIL WITH
VOLUMES
INCREASING 183% OVER SAME PERIOD IN 2019

Source text for Eikon:  ID:nCNWT29qda 
Further company coverage:  PSH.V 

 ((Reuters.Briefs@thomsonreuters.com;))